We are looking for a trend continuation here, waiting for confirmation on that triangle pattern to breakout and enter a sell position around 0.8907 and hope for it drop 100pips. it's a dangerous trade because of news coming on NZD (wednesday) and CAD (friday). On the other hand NZD interest rate decision could launch price back to 0.8950 zone (i believe it wouldn't any go higher) and thats why we will choose to place a higher SL. lets see what happens !
Trade active:
20pips reached
Trade active:
SL moved to breakeven. This trade is now secured for NZD news tomorrow! Now we wait for 100pips mark!
Trade active:
50pips